Mutual Re created the Regional Reciprocal Catastrophe Pool (RRCP) to provide insurance companies an opportunity to reinsure themselves in a reciprocal pool.
Since its inception in 1994, insurance companies have banded together to reinsure each other’s top catastrophe layers while sharing in the risk and reward associated with such exposures. Mutual Re manages the pool while analyzing, competitively pricing, and diversifying the risks among many insurance companies throughout the United States. Since its inception, the RRCP has had a historical loss ratio of less than 5% and has returned over $240 million to its participants. This pool is a great opportunity for insurance companies to buy competitively priced reinsurance while mutually benefiting from reinsuring other participants.
RRCP now offers up to $60,000,000 in capacity for your reinsurance needs!